Flipster Crypto Weekly (April 11)

April 11, 2025

The crypto markets experienced heightened volatility this week following reports of retaliatory tariffs between major economies, raising concerns about trade and its impact on risk assets. Bitcoin (BTC) briefly fell below $78,000 amid the uncertainty but has since rebounded. Ethereum (ETH) and other altcoins continue to face pressure, contributing to a continued rise in Bitcoin’s dominance.  

March 2025 CPI data showed a 0.1% drop in consumer prices—the first decline since May 2020—bringing annual inflation down to 2.4% from 2.8% in February. The surprise cooling in inflation has shifted market attention to the upcoming Producer Price Index (PPI) data, due later today. A softer-than-expected PPI print could reinforce hopes that inflationary pressures are easing more broadly, potentially influencing the Federal Reserve’s monetary policy stance. 

Bitcoin (BTC)

Weekly performance: -3.13%

Year-to-date (YTD) performance: -13.86%

Bitcoin (BTC) reclaimed the key $78,000 support level during Wednesday’s session after briefly dipping below it on Tuesday. Despite a pullback on Thursday following Wednesday’s strong rebound, BTC has managed to hold above this key level. Midweek, the price faced resistance at the 21-day moving average (MA), which has now emerged as a technical barrier. Going forward, the 21MA is expected to act as a notable resistance level for BTC.

Ethereum (ETH)

Weekly performance: -15.09%

Year-to-date (YTD) performance: -53.69%

Ethereum (ETH) remains under sustained selling pressure, driven in part by news that a wallet associated with World Liberty Financial—a DeFi project backed by the Donald Trump family—offloaded $8 million worth of ETH. ETH is currently holding near the $1,500 level, which may act as a short-term support zone if downward momentum begins to subside.

Solana (SOL)

Weekly performance: -1.76%

Year-to-date (YTD) performance: -39.19%

Solana (SOL) broke below the critical $126 support level—historically a strong price floor—at the start of April and has yet to reclaim above. Much like Bitcoin, the 21MA is currently acting as a technical resistance. For SOL to initiate a sustained upward move, a close above both the 21MA and the $126 level will be key.

Aave (AAVE)

Aave (AAVE) is trading near a key technical level around $130, which was first established in February 2022 and has been observed as a significant area of interest in past trading activity. Historically, this level has coincided with periods of price support and upward movement. As AAVE approaches this zone once again, it will be important to monitor whether it holds, as it may signal a shift in short-term momentum depending on broader market conditions.

Disclaimer: This material is for information purposes only and does not constitute financial advice. Flipster makes no recommendations or guarantees in respect of any digital asset, product, or service. Trading digital assets and digital asset derivatives comes with a significant risk of loss due to its high price volatility, and is not suitable for all investors. Please refer to our Terms.